ROCK SPRINGS — The Rock Springs City Council moved about $6.4 million from its general fund operating budget into its operational reserves so it could pass a balanced budget for Fiscal Year 2021-2022.
On Tuesday, the Rock Springs City Council approved its nearly $40 million 2021-2022 Fiscal Year budget after hosting a public hearing on the budget. The General Fund approved does not include the $3.4 million in cash reserves or the $6.1 million in operational reserves. No public comments were made during public hearing portion of the meeting.
“The fiscal year 2021-2022 Proposed Budget presented for your consideration is in balance with a transfer to operational reserves of $6,391,119.06,” Director of Administrative Services Matthew L. McBurnett wrote in a letter to the Council.
The budget passed earlier this week took into account the latest Consensus Revenue Estimating Group Report (CREG) estimates. The CREG report showed revenues slightly improved from a forecast completed in January of 2021.
McBurnett also noted that sales and use tax collections, which is a major revenue source for Rock Springs outperformed projections statewide by 4 percent through March of 2021. The City ended the fiscal year down 15.4 percent in collections, however.
The budget also reflects 26 defunded positions in the police, parks and recreation, and engineering/operations and public services departments.
A 6 percent increase in water rates and a 2 percent increase in sewer rates was included in the budget as well.
To read the entire budget click here.
The Council also hosted a public hearing on the proposed sewer rate increase. No one made comments during the public meeting. The 2 percent increase go into effect July 1, 2021. The user fee will go from from $0.05025 per cubic foot to $0.05126 per cubic foot and the minimum monthly sewer charge will increase from $13.47 to $13.74, which is a 27 cent increase per month.
The Council also approved Southwest Wyoming Regional Airport request to accept the first part of a $4.9 million grant agreement between the United States Department of Transportation Federal Aviation Administration and the City of Rock Springs for this project.